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Insurance
Zurich Insurance Group said that it is combining its specialty products business with commercial insurance in North America as part of its strategy to simplify the organisational structure, and provide easier access to its products and services. 26 May 2017
Insurance
US-based property/casualty insurer The Hanover Insurance Group has appointed Bryan Salvatore as executive vice president and president of specialty. 26 May 2017
Insurance
New York-based insurance holding company AmTrust Financial Services said that it plans to raise gross proceeds of $300 million through a private placement. 26 May 2017
Insurance
The Hartford, a US-based property/casualty (P&C) insurance firm, has named David Firstenberg as chief underwriting officer for its P&C businesses, reporting to president Doug Elliot. 26 May 2017
Insurance
Broker Willis Towers Watson has appointed Debby Moorman as health and benefits market leader in Georgia. 26 May 2017
Insurance
The Guardian Life Insurance Company of America has appointed Christopher Jenny and Gary Norcross to a three-year term on its board of directors. 26 May 2017
Insurance
The boards of CF Corporation and Fidelity & Guaranty Life (FGL) approved a definitive merger agreement under which CF Corp. will acquire FGL for a total of approximately $1.84 billion, plus the assumption of $405 million of existing debt. 25 May 2017
Insurance
US-based insurer Liberty Mutual has appointed Jessica Dekermanji as senior vice president and chief underwriting officer of its national insurance specialty energy unit. 25 May 2017
Insurance
Ironshore International’s mergers and acquisitions (M&A) and tax insurance unit has enhanced its consortium programmes. 25 May 2017
Insurance
While many of its rival reinsurers are seeking alternative growth opportunities through fee income relating to advisory services, technology or the use of alternative risk-transfer structures, Hannover Re’s chief executive officer Ulrich Wallin believes sufficiently profitable traditional risk transfer business will remain available for the foreseeable future. 25 May 2017
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